Super Group price target raised to $12 from $11 at Canaccord

Canaccord raised the firm’s price target on Super Group (SGHC) to $12 from $11 and keeps a Buy rating on the shares as part of a Q1 earnings preview. The firm says momentum in Africa has been a core growth driver for Super Group. Investors will be looking for color on recent performance in those markets, along with an update on plans to expand to other countries across the continent, the analyst tells investors in a research note.